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SYMPHONYA: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

SYMPHONYA

BE 0700.558.447
NACE 56.210, Event catering
fiscal year 2020 against 2022not consecutivefiled annual accounts (NBB)
Net result for the year
-€16,247
2020 · €439-€16,686
Equity
-€25,227
2020 · €13,171-€38,398
Cash
€3,116
2020 · €11,602-€8,485
Balance sheet total
€34,873
2020 · €48,688-€13,815

Largest movements

2020 to 2022
Assets
  • Cash -€8,485

    down €8,485 (-73.1%), from €11,602 to €3,116

  • Tangible fixed assets -€3,545

    down €3,545 (-94.8%), from €3,737 to €193

  • Stocks and contracts -€2,280

    down €2,280 (-60.5%), from €3,770 to €1,490

Equity and liabilities
  • Profit (loss) carried forward -€38,398

    down €38,398 (-707.2%), from -€5,429 to -€43,827

  • Other debts +€19,564

    up €19,564 (+453.8%), from €4,311 to €23,875

  • Trade debts +€3,472

    up €3,472 (+69.5%), from €4,997 to €8,468

  • Tax, wage and social debts +€1,476

    up €1,476 (+26.4%), from €5,593 to €7,069

    of which Taxes: +€1,476

Income statement
  • Gross operating margin -€22,822

    down €22,822, from €8,876 to -€13,946

  • Turnover -€13,218

    down €13,218 (-24.1%), from €54,914 to €41,696

  • Purchases and services -€4,116

    down €4,116 (-6.9%), from €59,758 to €55,642

  • Depreciation -€2,320

    down €2,320 (-56.3%), from €4,124 to €1,803

From the 2020 result to the 2022 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2020 €439
Gross operating margin -€22,822
Depreciation +€2,320
Other operating charges +€84
Other operating items +€3,541
Financial income +€2
Financial charges +€188
Result 2022 -€16,247

Cash bridge derived

cash 2020 to 2022

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 56 lines
Line Code 2020 2022 Change %
Total assets 20/58 €48,688 €34,873 -€13,815 -28.4%
Fixed assets 21/28 €6,737 €3,193 -€3,545 -52.6%
Tangible fixed assets 22/27 €3,737 €193 -€3,545 -94.8%
Furniture and vehicles 24 €3,737 €193 -€3,545 -94.8%
Financial fixed assets 28 €3,000 €3,000 = 0.0%
Current assets 29/58 €41,950 €31,680 -€10,270 -24.5%
Amounts receivable after more than one year 29 - €0 =
Stocks and contracts in progress 3 €3,770 €1,490 -€2,280 -60.5%
Stocks 30/36 €3,770 €1,490 -€2,280 -60.5%
Amounts receivable within one year 40/41 €26,579 €26,875 +€297 +1.1%
Trade receivables 40 €26,579 €26,875 +€297 +1.1%
Cash at bank and in hand 54/58 €11,602 €3,116 -€8,485 -73.1%
Deferred charges and accrued income 490/1 - €199 +€199
Total equity and liabilities 10/49 €48,688 €34,873 -€13,815 -28.4%
Equity 10/15 €13,171 -€25,227 -€38,398
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 - €0 =
Issued capital 100 - €0 =
Uncalled capital 101 - €0 =
Outside capital 11 - €18,600 +€18,600
Share premium 1100/10 - €18,600 +€18,600
Reserves 13 - €0 =
Non-distributable reserves 130/1 - €0 =
Profit (loss) carried forward 14 -€5,429 -€43,827 -€38,398 -707.2%
Provisions and deferred taxes 16 - €0 =
Provisions for liabilities and charges 160/5 - €0 =
Amounts payable 17/49 €35,517 €60,100 +€24,583 +69.2%
Amounts payable after more than one year 17 - €0 =
Financial debts 170/4 - €0 =
Amounts payable within one year 42/48 €35,517 €60,100 +€24,583 +69.2%
Financial debts 43 - €0 =
Trade debts 44 €4,997 €8,468 +€3,472 +69.5%
Suppliers 440/4 €4,997 €8,468 +€3,472 +69.5%
Advances received on contracts in progress 46 €20,616 €20,688 +€72 +0.4%
Taxes, remuneration and social security 45 €5,593 €7,069 +€1,476 +26.4%
Taxes 450/3 €5,593 €7,069 +€1,476 +26.4%
Remuneration and social security 454/9 - €0 =
Other amounts payable 47/48 €4,311 €23,875 +€19,564 +453.8%
Turnover 70 €54,914 €41,696 -€13,218 -24.1%
Non-recurring operating income 76A €13,720 €0 -€13,720 -100.0%
Goods, raw materials, services and sundry goods 60/61 €59,758 €55,642 -€4,116 -6.9%
Remuneration, social security and pensions 62 - €0 =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,124 €1,803 -€2,320 -56.3%
Other operating charges 640/8 €432 €348 -€84 -19.5%
Non-recurring operating charges 66A €3,541 €0 -€3,541 -100.0%
Gross operating margin 9900 €8,876 -€13,946 -€22,822
Operating profit (loss) 9901 €779 -€16,097 -€16,876
Financial income 75/76B €1 €3 +€2 +130.7%
Recurring financial income 75 €1 €3 +€2 +130.7%
Non-recurring financial income 76B - €0 =
Financial charges 65/66B €342 €153 -€188 -55.1%
Recurring financial charges 65 €342 €153 -€188 -55.1%
Non-recurring financial charges 66B - €0 =
Profit (loss) for the period before taxes 9903 €439 -€16,247 -€16,686
Profit (loss) for the period 9904 €439 -€16,247 -€16,686
Profit (loss) for the period to be appropriated 9905 €439 -€16,247 -€16,686

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.